value-added tax

Example Sentences

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Recent Examples of value-added tax Lord De La Warr paid $179,255 for it (including buyer’s premium and value-added tax) after it was originally estimated to go for between $54,000 and $81,000 by Summers Place Auctions. Téa Kvetenadze, Forbes, 7 Oct. 2021 The various Indian state governments earn a big portion of their revenue from excise and value-added tax on alcoholic drinks. Mimansa Verma, Quartz, 10 Nov. 2022 In the 18 months of the pandemic, more than half of the revenue for local governments have come from property, as corporate-income and value-added tax receipts declined. John Lee, WSJ, 6 Oct. 2021 Under the region’s customs union, imports of pasta face a tariff of 20% and also value-added tax of 15%. The Economist, 15 Mar. 2018
Recent Examples of Synonyms for value-added tax
Noun
  • Since that can have important income tax implications, and because the potential impact of different valuations on beneficiaries, many CPAs or other tax preparers (e.g., the attorney handling the estate) opt to get real numbers.
    Martin Shenkman, Forbes.com, 19 May 2025
  • The package would cut taxes deeply – essentially making permanent the sweeping individual income tax provisions of Trump’s 2017 Tax Cuts and Jobs Act, as well as adding several temporary tax breaks to fulfill the president’s campaign promises.
    Elisabeth Buchwald, CNN Money, 16 May 2025
Noun
  • Equal Ground Action Fund Executive Director Genesis Robinson told Newsweek that forcing people to pay for documents equates to a poll tax.
    David Faris, MSNBC Newsweek, 11 Apr. 2025
  • However, under the act, many people would have to pay to get copies of their documents, which could result in a pay-to-vote situation akin to a poll tax.
    William Lambers, Newsweek, 7 Mar. 2025
Noun
  • Installment sale tax treatment allows sellers to recognize capital gains incrementally over time rather than in a single tax year.
    Shane Styne, Forbes.com, 16 Apr. 2025
  • The payments sent back $250 to single tax filers and $375 to head-of-household filers.
    Chris McKenna, USA TODAY, 10 Dec. 2024
Noun
  • As of 2023, the median property tax for homeowners in New York City was $9,937, LendingTree found in a recent report.
    Ana Teresa Solá, CNBC, 24 May 2025
  • The county has clashed multiple times with the state in recent years over issues of property tax valuations, state immigration laws and public health orders, like mask mandates.
    Lauren Penington, Denver Post, 21 May 2025
Noun
  • Hooper said Perez has given up on a permanent reduction in the statewide 6% sales tax, which has been a major sticking point, and that Senate President Ben Albritton, R-Wauchula, also has lost hope that the House will pass his assistance program for small, rural counties.
    Steve Bousquet, Sun Sentinel, 24 May 2025
  • About 56% of the city’s budget comes from sales tax.
    Elliott Wenzler, Denver Post, 22 May 2025
Noun
  • Import taxes on movies may look in some way like some sort of withholding tax on royalties, for example.
    Tax Notes Staff, Forbes.com, 20 May 2025
  • Zhao points to instances where companies have threatened governments or regions with economic consequences, such as withholding tax revenue, if regulations are imposed.
    Hessie Jones, Forbes.com, 3 Apr. 2025
Noun
  • The teams' leases stipulate the public is responsible for repair costs, but the lone funding source — the county sin tax on cigarettes and alcohol — is no longer sufficient to cover their demands.
    Sam Allard, Axios, 5 Dec. 2024
  • Signal Cleveland reports Council President Blaine Griffin and County Executive Chris Ronayne are in talks to raise the sin tax, which would require a change to state law.
    Sam Allard, Axios, 5 Dec. 2024
Noun
  • But the tax bill would basically kill the two tax credits that have done the most to enable the surge of solar power.
    Spencer Kimball, CNBC, 24 May 2025
  • Tucked within President Donald Trump's massive tax and spending bill, which the House narrowly passed on Thursday, is a proposal to increase a tax that some universities pay on the investment returns of their endowments from 1.4% to as high as 21% for some of the most elite colleges in the country.
    Brad Brooks, USA Today, 24 May 2025

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Cite this Entry

“Value-added tax.” Merriam-Webster.com Thesaurus, Merriam-Webster, https://www.merriam-webster.com/thesaurus/value-added%20tax. Accessed 2 Jun. 2025.

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